Strong growth boosts 2026 Budget revenues
City Administration has finalized the 2026 assessment growth revenue at $3.9 million, which is $2.5 million higher than the preliminary estimate of $1.4 million released earlier this month.
“This higher than anticipated revenue is very good news for the City and taxpayers; it helps to partially offset the added costs of responding to increased fire and police calls, maintaining more kilometers of roads and more hectares of park space that come with a growing city,” says Chief Financial Officer, Clae Hack. “It’s a positive indicator that reflects the continued strength and resilience of our local economy.”
Assessment growth refers to new property tax revenue generated from construction, major renovations and property improvements across the city. This growth expands the tax base, allowing the cost of City services and capital projects to be shared among more properties. As a result, the preliminary 2026/2027 budgetary tax increase for existing property owners in Saskatoon will be lower than Administration previously projected.
The stronger-than-expected assessment revenue is a positive development that reflects ongoing confidence in the Saskatoon economy. It will give City Council more financial capacity as it prepares for the 2026/2027 Budget deliberations set for November 25–27, 2025.
The 2026/2027 Budget agenda is now available online at saskatoon.ca/meetings.
The agenda includes the Administration’s report with more than 100 budget scenarios for City Council to review; all are aimed at lowering property tax rates in 2026 and 2027. It also features reports from the City’s Controlled Corporations and Statutory Boards, along with general reports and operating and capital options. Agenda items may change.
How to participate in the 2026/2027 Budget with City Council
Members of the public may submit comments or request to make a five-minute presentation, either in person or remotely, during City Council’s 2026/2027 Budget deliberations.
Deadline: Submissions will be received until 5:00 p.m., Monday, November 24, and will appear on the revised agenda.
Ways to participate:
- By email using the online form
- By mail or in person:
Office of the City Clerk
222 – 3rd Avenue North
Saskatoon, SK S7K 0J5
For questions about the 2026/2027 Budget participation process, contact the City Clerk’s Office at 306-975-3240.
City Council’s 2026/2027 Budget deliberations will be live streamed for all residents at saskatoon.ca/livestream. Meetings will begin at 9:30 a.m. each day.
Visit saskatoon.ca/budget for additional budget-related information.